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Corporate bonds market in India are investments with low risk if an individual is looking for a short-term investment system. Such bonds are considered to offer high returns in comparison to bonds issued by the government.  But before investing in a corporate bond, each individual must be aware of the risk…

The concept of Tax Deducted at Source was introduced with the purpose of collecting tax from the source of income. According to this concept, a person, known as a deductor, is liable to make a payment of specific nature to another person, known as a deductee. A person called a…

Tax is a compulsory fee that is imposed on corporations or individuals by the State and the Central Government. This fee is imposed by the authorities to invest in the growth of the economy of the country. Various public expenses are covered by the Government from taxes. The concept of…

The Union territory of Jammu and Kashmir (J&K) offers a large number of investment opportunities for entrepreneurs as the UT is rich in certain resources such as agro, water, herbal, forests, and minerals.  Additionally, this area owns unparalleled natural beauty which connects a market for the consumers as well as…

The Concept of Trademarking is not new to the society. A lot of us might have commonly heard the word Trademark. However, usually, when we come across terms like Collective marks or Certification Marks, we get confused. Are these terms similar to each other? Are there more alternatives available to…

GST is a complex subject matter according to most people and over time these complexities only increased. With the rise in difficulty for taxpayers to easily understand the concept of GST, owning adequate licenses, etc. problems also grew for the tax authorities in recovering taxes.  Lately, many companies have been…

CA Exams are conducted by the ICAI (The Institute of Chartered Accountants of India). This exam is conducted for individuals who aspire to become chartered Accountants and pursue Chartered Accountancy as a profession in India.  This examination is conducted at three different levels in accordance with the curriculum provided by…

Audit by departmental authorities is a familiar concept. It already existed within the laws that existed even before the GST tax regime was introduced. However, the GST regime encouraged the concept of relying on self-compliance and self-assessment by the taxpayers. The purpose of the introduction of self-assessment by the GST…

Finance Minister of India, Smt. Nirmala Seetharaman on 1st February 2022 presented the 2nd digital union budget for the FY 2022-2023. Accordingly, the proposed amendments related to GST were covered within clauses (from Clause 99 to Clause 123). The proposed amendments that were within clause 99 to clause 113 came…

Indian Competition Law is widely based on UK legislation and the European Union law seeks the solution for similar nature of issues such as abuse and undue influence of dominant position and restrictive agreements.  It is in the late 90s, when the entire world, including India, was struggling through a…